Another hack...

Discussion in 'Digital Currencies' started by RetardedMonkey, Mar 4, 2014.

  1. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
  2. Dabloodymess

    Dabloodymess Active Member

    Joined:
    Jul 7, 2010
    Messages:
    1,347
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Russia
    It is good to see he was very open with what happened.

    This does show that there are people (or groups) out there looking for vulnerabilities. Right now a lot of the exchanges are very small operations, even when they give the appearance of being much bigger. Any small exchange with limited man power and resources will find it hard to eliminate the risk of such attacks, especially when there are very smart people out there looking for the loop holes.

    My prediction would be that over time we will see the operation of exchanges move into the hands of bigger entities with more of a chance of stopping such hacks, which will push these 'garage' operations out of the market.
     
  3. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
  4. Newtosilver

    Newtosilver Well-Known Member Silver Stacker

    Joined:
    Jul 5, 2012
    Messages:
    1,394
    Likes Received:
    35
    Trophy Points:
    48
    Location:
    QLD
    The more this happens the less confidence there will be in anything to do with digital currencies - not good.
     

Share This Page